First Majestic Increases Silver Production by 36 Percent

First Majestic Silver Corp. (TSX:FR) announced production results for the third quarter of 2012 from its four operating mines in Mexico. Production hit 2,438,085 equivalent ounces of silver, a record for the company and an increase of 36 percent from the same quarter in 2011.

As quoted in the press release:

Total silver production for the quarter consisted of 2,205,237 ounces of silver, representing a 29% increase compared to the same quarter in 2011. In addition, 3,307,944 pounds of lead and 844,953 pounds of zinc were produced representing increases of 75% and 100%, respectively, compared to the same quarter in the previous year. Also, 1,537 ounces of gold was produced, representing an increase of 276% compared to the third quarter of 2011.